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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Bull RidaH who wrote (63814)12/6/2000 3:19:32 AM
From: CharlieChina  Respond to of 99985
 
I'll go along with your thinking and numbers on NASDAQ



To: Bull RidaH who wrote (63814)12/6/2000 11:35:10 AM
From: Death Sphincter  Read Replies (3) | Respond to of 99985
 
I am leaning in the same direction, but, as always, i am also watching the how,why,where if the NAZ has not completed the downward
ED look.
As far as the BIG ED up from oct98...the final action up, as you know, should be extremely violent, wild quick swings and it appears to be following that signature. this, of course, makes it difficult to judge, Are we still going down? or are we in the wild and wooly 5th of an ED.
You made another comment about being in a trading range between 922-1700 and I happen to agree that there is a good possibility that is what we will see over the next 1-2 years.
ps...i had heard that a new event was being introduced into the Olympics, platform explosive diarrhea. I was in training when the foto was taken.



To: Bull RidaH who wrote (63814)12/6/2000 1:10:32 PM
From: sandeep  Respond to of 99985
 
Bull, 2 of A can be very nasty. Look at msft. I think it completed its 5 waves at 48.375. 1 of A took it to 72. But this 2 of A cut it to 55 in a matter of 4 days. NASTY indeed.



To: Bull RidaH who wrote (63814)12/6/2000 1:35:16 PM
From: Death Sphincter  Respond to of 99985
 
hey NAZ setting up nicely today as a 4th...abcde tri or straight abc. a consoldiation in this 2800-2850? setting up next leg to 3000. so far it looks good